Originally Posted by
m148
Day = 2019.04.01
Pair = NzdChf
Time Frame = Hourly
Results of analysis of the daily pivot point calculations
I see this pair still in strong bullish movement . If this pair can break the 0.6822. resistance level, I predict this pair will go up to the next resistance level at 0.6870. But if this pair go down and break 0.6771. support level, I predict this pair will make some correction to the next support level at around 0.6719
Buy signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Buy with stoploss at 0.6785. and take profit at 0.6872
my advice ..don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.
This calculation is not a reference to create the opening position but merely an approximate calculation of the price movement. I am not responsible for any errors that occur because the only information from the previous calculation
1 Resistance level is:0.6813
2 Resistance level is: 0.6826
3 Resistance level is: 0.6837
1 Supporting level is: 0.6773
2 Supporting level is: 0.6762
3 Supporting level is: 0.6750